Will slowing car sales in China reignite brutal price war in crowded market?

In the most bearish Chinese car market forecast by an international bank or consultancy, AlixPartners has predicted that deliveries will fall by 10 per cent this year on the back of a shaky economy and softening government support. Weak buying interest was likely to fuel a brutal price war that would ensnare nearly all the country’s 100-odd carmakers, the global consultancy added. It forecast that 24.6 million light vehicles would be delivered by Chinese carmakers this year, with 10 million of...